Is Market Timing Dead?

Be on your guard in coming weeks for declarations that market timing is dead. Mark Hulbert joins Markets Hub.

This transcript has been automatically generated and may not be 100% accurate.

... I ... talking about the Dow's record yes ANP's new director what happens usually the reckon that the tops ... of market tops ... play starts here and that the buy and hold crowd the death of the high in whole crowd ready for is that that the marking market timing crowd ... he's to go back and forth the highs and lows ... who's winning right now was it say about the market ... Mark Hulbert is here to tell it's coming to us from North Carolina ... Mark hell are you ... they are real ... good soul is dying right now is that the fire whole crowd of the market timing crown ... the trend is definitely going in the favorite of mine all I don't know that it got into the street and the market up for that to get the ... death only were they think that the Fed did because it did in your intro ... I've discovered avoid thirty years of tracking the Market timers did that they go in and out of pocket or a market top market in the ... market I mean ... no popularity in a market bottom ... everyone wants to be a market timing when you start caring and I think me up and go ... out and briefed him on ... the ... market I used to buy and hold it that you all for it to apply to them ... why cant that that that would be a good indication of a public hearing ... here's ... a look at this over thirty years I how much DVD at the fact that one ... by market data point in their heart the better part of their market timing was ideal time that the headline ... the couple hundred advisors that I get the the the the the the did he know ... but the male ... thing ... where to start seeing the ... light ... of the market timing of debt to buy and hold depending on where we are of the cycle ... IPO that is not an exact science though is my problem right there with ... that ... I got it ... the bottom of the last two bear markets without within a couple days that because it ... was almost ... uncanny how to cope with the ... editors are tracking ... at the market wanted to continue the bottom yet they have a headline stating that if I'm old ... so put out the back of the time ... to do with the help of ... Fox ... investor ... unease hearing all this ... this all becomes very confusing and convoluted what should investors pay attention to more ... I'm good to know whether to pay attention to market sentiment and don't follow the herd and you get the part that I'm that I'm going to have ... a huge but ended the inning and a ... lot more money in the market and the ... way the market cycle work from ... them and what to do ... it that you you you ... fill out the bottom you for your money into the puppet over constantly ... the fight to live up to the binding and unfortunately the the the the ... the ... the fact that I couldn't until ... the very much on your guard ... I cant that can add these to be in a lot more money in and ... after the market or ... the difference Apple for years that I heard that ...